Shanghai: Myanmar’s Ministry of Energy is considering its options for imported fuel including LNG to supply the domestic market, Myanmar Times has reported.
According to an official from state-owned Myanma Oil and Gas Enterprise, companies from China, Korea, Japan, Norway, Singapore and Thailand have already proposed investment into LNG development projects in Myanmar, and feasibility studies have been completed.
“China National Petroleum Corporation has proposed developing a terminal in Kyaukphyu to receive imported LNG,” said the official.
The Myanmar-China natural gas pipeline started full operations in late 2013. It is designed to transmit 12bn cu m of natural gas per year from the Shwe natural gas field, currently only around 400m cu ft per day (mmcfd) is exported to China.
“Myanmar may consider building a similar LNG facility at Kanbauk within seven years or potentially share the facility with CNPC in Kyaukphyu. This would mean that we have a greater gas supply for domestic use,” said Ken Tun, chief executive officer of Parami Energy.